Detailed text transcripts for TV channel - FOXNEWS - 20130620:19:04:00
Market. mortgage rates up to 4%. >> historically very low, but compared to what we have seen lately. >> your mom and dad paid double digits. >> we were trying to get a house in the 1970s and the interest rates were above 18%. mortgage rates before 18% so mom and dad said we're going to wait for a while. >> it's all about what you're used to, and people are used to rates just barely above 3%. let see what meant on you start broaching this e these new levels. a house worth 2 80,000 with conventional cost you 474% empty. at 4%. it's 50 bucks a month more expensive, $794 a month. you think that's ...